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Pasadena Restaurants For Sale

PROFITABLE Mexican Quick Serve w/Beer and Wine SBA APPROVED

$895,000
Available
PROFITABLE Mexican Quick Serve w/Beer and Wine SBA APPROVED



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PROFITABLE MEXICAN QUICK SERVE RESTAURANT SBA APPROVED

Last Year Sales $1,469,994

2018 ADJUSTED NET INCOME $266,782

BEER and WINE License...ABSENTEE OWNER...PATIO...27 YEARS IN BUSINESS....

Located in the San Gabriel Valley this restaurant has seen year over year sales increase while many other restaurants have been finding it hard just to hold while this great Mexican Restaurant just keeps thriving.  Catering only consists of a bit more than 10% of the business because the owner has pulled away from the daily operations of the business and catering is certainly an area where there is growth potential. 

The staff is so well trained and have been working at the restaurant for years, they handle the day-to-day operations of the restaurants.   The Staff does EVERYTHING at the restaurant, owner calls in orders, processes payroll, reviews sales and works on promotions.

The recent remodel has transformed the restaurant into looking like a corporate chain and could be duplicated to other locations for an operator that is looking for a concept that possesses the right look and feel, great reviews on the food and overall operations that continues to thrive and is FUN to easy to run. During the remodel the restaurants AC Units were replaced giving a buyer the peace of mind of many years of having a cool dining area during the hot summer days of Southern Calif.

The Patio Area add a nice area for additional seating and a choice for guests that like the openness and fresh air. Beer is served in both Tap or Bottles with local and imported favorites to complement the Mexican Style foods. Open for Breakfast, Lunch and Dinner this place HUMMMMMSSS all day long. The Breakfast Burritos are Killer and the Carne Asada Tacos you just gotta try. With an almost perfect 5 Stars on yelp and high Facebook scores as well, serving the area for almost 3 decades the owner feels he is ready to pass this off to someone that is ready to take the place to the next level.

The lease has a minimum rent of $6962.51 per month verses a 6% of sales which the restaurant has been paying % rent for a number of years now. The lease runs through February 28, 2026 so buyer will need ro request an option from landlord who to date has been happy to have this long time tenant so a well qualified buyer should not have any problem with this.

A Buyer with good credit can secure a SBA loan with 20% down ( approx $180,000 down) plus Closing Costs.

The restaurant sits at streets edge of a very busy high traffic street. The center has a number of well known tenants that draw people to the center on a regular basis.

THIS IS A PRIVATE LISTING and any Potential Buyer will need to get PRE-APPROVED Before we can give name, address and share financial information. So If You have been looking for a Profitable Restaurant with proven track record just complete the Signing of the Online NDA and contact me and we will get you approved and send you over to check this place out.

This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
Pasadena Restaurants For Sale
Lease Term:
Feb 28, 2026
Total Monthly Rent:
$6,063
Security Deposit:
$1,500

Financials

Last Year's Annual Gross:
$1,469,994
Last Year's Owner's Cash Flow:
$266,782
Last Year's Food Cost %:
37.1
Last Year's Payroll Cost %:
30.2
Last Year's Rent %:
6

Operations

Liquor License:
41 beer and wine
# of Full-Time Employees:
14
# of Part-Time Employees:
1
Hours Open:
7AM-10PM Sunday - Thursday
7AM-11PM Friday and Saturday
Year Established:
1984
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
56
Outdoor Seating:
14
# of Parking Spots:
Lots of Shared
Inside Sq. Ft.:
2,078
Outside Sq. Ft.:
200

Highlights

  • PROFITABLE
  • SALES INCREASE YEAR OVER YEAR
  • Recent Remodel
  • Nice Area
  • Well kept shopping center
  • GREAT REVIEWS

Financing

Down Payment:
$180,000
Will SBA Finance:
Yes
Est. Monthly SBA Loan Payment:
$8,590
Est. Annual Interest Rate:
8%
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 63,905 204,796 637,627
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,027 55,931 173,957
2010 Persons Per Household 3.27 3.65 3.61
Median House Value $385,200 $337,834 $366,468
Income Per Household $47,438 $47,877 $50,326
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,240 4,114 12,300
2012 Number Of Employees 39,462 180,666 388,466
2012 Total Annual Payroll $688,394,000 $3,476,937,000 $4,294,967,295

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Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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